šŸŒ India delays laptop ban

Plus: What is LK-99?

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Photo: Anushree Fadnavis (Reuters)

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Hereā€™s what you need to know

India delayed its new laptop import restrictions by three months. Apple, HP, and Samsung were scrambling to get a ā€œvalid license for restricted importsā€ from New Delhi.

The Austrian constitution may soon include the right to pay in cash. Chancellor Karl Nehammer proposed the amendment after the far-right Freedom Party accused the current government of conspiring to ban cash as a means of tracking its citizens.

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Amazonā€™s cloud revenue is up 12% amid AI demand. The company also reported that Amazon Web Servicesā€™s operating income generated $5.4 billion, which is down 6% from the same period last year.

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Ā High interest rates are making billion-dollar lottery jackpots more common. These high payouts are a new trendā€”only four other jackpots ever hit a billion dollars before the recent spate of windfalls.

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What is LK-99?

Is the hot new potentially superconducting material out of South Korea actually a hot new superconducting material?

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Weā€™ll know in a week, according to Michael Norman, a physicist and distinguished fellow at the Argonne National Laboratory. Thatā€™s roughly how long it will take researchers around the world to replicate the material, dubbed LK-99, and assess whether it is actually a superconductor or simply has unusual magnetic capabilities; his own lab is working on it as we speak.

šŸš€ Quartzā€™s Tim Fernholz has everything you need to know about the superconducting material in his latest Space Business newsletter. Never miss an update from the great beyondā€”sign up to get Space Business weekly.

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One big number: 187,000

Number of jobs the US economy added in July

Quartzā€™s Nate DiCamillo explains that while the countryā€™s labor market continues to grow at a steady clip, the big booms in jobs numbers are fadingā€”and that signals a soft landing without a recession may actually happen.

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Pop quiz: Sam Altmanā€™s latest concern

The CEO of OpenAI, the owner of ChatGPT, is now worried about AIā€™s influence inā€¦

A. Elections
B. Agriculture
C. Sports betting
D. Finance

It could possibly be all of them, but most recently, Altman shared his worries that the technology heā€™s become the face of could make politics even messier.

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šŸ’ A YouTuber is accused of buying the worldā€™s largest black diamond with the proceeds of a $1 billion crypto fraud

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šŸ¤‘These are the worldā€™s most expensive cities in 2023


Surprising discoveries

A naturally occurring bacteria can stop the malaria parasite right in a mosquitoā€™s gut. The discovery was made by accident.

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Happiness fuels charity, not the other way around. Thereā€™s probably a mix of both, but the latter is more prevalent.

Only one song on the Billboard Hot 100 was written by a team of all women last year. It was Kate Bushā€™s ā€œRunning Up that Hill.ā€

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Bald eagles are helping dairy farmers in Washington state. Theyā€™re natureā€™s pest cleaners.

There arenā€™t enough Lindas for the L.I.N.D.A. Club. That wasnā€™t a problem back in 1947, when one in every 18 babies in the US was given the name.

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